UHAL.B U Haul Holding Company

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 06, 2023

 

 

U-Haul Holding Company

(Exact name of Registrant as Specified in Its Charter)

 

 

Nevada			001-11255	88-0106815
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
5555 Kietzke Lane Suite 100
Reno, Nevada				89511
(Address of Principal Executive Offices)				(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 775 688-6300

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.25 par value		UHAL		New York Stock Exchange
Series N Non-Voting Common Stock, $0.001 par value		UHAL.B		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

---

Item 8.01 Other Events.

On December 7, 2023, U-Haul Holding Company (the “Company”) announced that its Board of Directors (the “Board”) had adopted an amendment to its dividend policy in respect of the Company's Series N Non-Voting Common Stock, par value $0.001 per share, (the "Non-Voting Common Stock"). Pursuant to the amended dividend policy, the Company has increased to $0.05 per share per quarter the amount of the quarterly cash dividends it intends to pay on its Non-Voting Common Stock, beginning in the third quarter of fiscal 2024. This dividend policy may be reviewed, modified or terminated from time to time by the Board.

On December 7, 2023, the Company also announced that the Board declared a cash dividend on its Non-Voting Common Stock of $0.05 per share payable to all shareholders of record of the Company's Non-Voting Common Stock as of the close of business on December 18, 2023. The payment date for the dividends on the Non-Voting Common Stock will be December 29, 2023.

The Company’s press release is included as Exhibit 99.1.

 

Item 9.01 Financial Statements and Exhibits.

Exhibit No.	Description
99.1	Press released dated December 7, 2023
104	Cover Page Interactive Data File (embedded within the Inline XBRL documents)

 

---

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			U-Haul Holding Company
Date:	12/7/2023	By:	Jason A. Berg
			Jason A. Berg Chief Financial Officer

 

---

Exhibit 99.1

Contact:

Sebastien Reyes

Director of InvestorRelations

U-Haul Holding Company

(602) 263-6601

Sebastien_Reyes@uhaul.com

U-Haul Holding Company Announces Increase to Quarterly Cash Dividend

RENO, Nev. (December 7, 2023)—U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on December 6, 2023 declared a quarterly cash dividend of $0.05 per share on its Series N Non-Voting Common Stock (NYSE: UHAL.B). The dividend will be payable December 29, 2023 to holders of record on December 18, 2023.

The Company also adopted an amendment to its dividend policy that increases the Company’s quarterly cash dividend on its Series N Non-Voting Common Stock (NYSE: UHAL.B) from $0.04 to $0.05 per share. This is the fifth dividend issued under the Company’s dividend policy announced in October 2022.

About U-Haul Holding Company

U-Haul Holding Company is the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company. U-Haul is in the shared use business and was founded on the fundamental philosophy that the division of use and specialization of ownership is good for both U-Haul customers and the environment.

About U-Haul

Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our patented Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 192,200 trucks, 138,500 trailers and 44,500 towing devices. U-Haul is the third largest self-storage operator in North America and offers 967,000 rentable storage units and 83.3 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul has been recognized repeatedly as a leading "Best for Vets" employer and was recently named one of the 15 Healthiest Workplaces in America.

---

v3.23.3

Document And Entity Information	Dec. 06, 2023
Document Information [Line Items]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Dec. 06, 2023
Entity Registrant Name	U-Haul Holding Company
Entity Central Index Key	0000004457
Entity Emerging Growth Company	false
Entity File Number	001-11255
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	88-0106815
Entity Address, Address Line One	5555 Kietzke Lane
Entity Address, Address Line Two	Suite 100
Entity Address, City or Town	Reno
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89511
City Area Code	775
Local Phone Number	688-6300
Entity Information, Former Legal or Registered Name	N/A
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Nonvoting Common Stock [Member]
Document Information [Line Items]
Title of 12(b) Security	Series N Non-Voting Common Stock, $0.001 par value
Trading Symbol	UHAL.B
Security Exchange Name	NYSE
Common Stock [Member]
Document Information [Line Items]
Title of 12(b) Security	Common Stock, $0.25 par value
Trading Symbol	UHAL
Security Exchange Name	NYSE

---